EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.93824 is expected.

Caution: A possible change in the direction of the resistance line at 0.93917 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93917 – 0.93953 – 0.93717 – 0.93824 – 0.93543 – 0.93525 —
0.93884 – 0.93866 —
52.692864061775 – 44.127067440026 —
– —
0.93917 – 1765236600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –